Oriflame Cosmetic SA
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Oriflame Cosmetic SA
Oriflame Holding AG is a Swedish multinational multi-level marketing company that sells Cosmetics, beauty and personal care products directly to consumers online through a network of independent sellers. Oriflame was founded on Jan 1, 1967 in Sweden by brothers Jonas af Jochnick and Robert af Jochnick, and their friend Bengt Hellsten. The head office of Oriflame is located in Schaffhausen, Switzerland, with a registered office in Stockholm, Sweden. Oriflame was traded on the Nasdaq Nordic, Nasdaq Stockholm until being Listing (finance)#Delisting, delisted on 17 July 2019. Operations The company has approximately 6,000 employees, 1,000 products, and a turnover of over 1.3 billion Euro. As of August 2020, Oriflame operates in more than 60 countries, where its beauty products are marketed by over 3 million Oriflame Brand Partners. Oriflame has two Indian manufacturing plants in Noida and Roorkee. It also manufactures products in Russia, Poland, and China. References Extern ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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